19 Mar '17, 4pm

Box Office: 'Beauty and the Beast' smashes records with towering US$170 million debut

Box Office: 'Beauty and the Beast' smashes records with towering US$170 million debut

LOS ANGELES (Variety.com) - This is what makes Disney such a powerhouse. "Beauty and the Beast," the studio's latest live action update of a cartoon classic, waltzed its way to a towering US$170 million debut this weekend, setting a new record for a March opening and solidifying the Mouse House's status as the dominant player in the film business. No other company can match the streak that Disney is currently enjoying, thanks to a series of multi-billion acquisitions that put the likes of Pixar, Marvel, and LucasFilm in its Magic Kingdom. "Beauty and the Beast" represents another part of Disney's branded strategy. It's the latest fairy tale adaptation to hit screens. Others in the lucrative group include "Alice in Wonderland," which picked up US$1 billion worldwide, "Cinderella" with its US$543.5 million global haul, and last year's "The Jungle Book," which racked up a mig...

Full article: http://www.channelnewsasia.com/news/entertainment/box-off...

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